Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
(Markets Edition) The era of gasoline and diesel cars may be over. The CEO of General Motors, Mary Barra, has announced that its future is all electric, while Ford has announced a new team to accelerate its electric car development. Jamie Kitman, New York editor for Automobile Magazine, joined us to talk about this major shift and how the stock market is treating companies that make electric cars. Afterwards, we'll look at how 40 Roman Catholic organizations are divesting from fossil fuels, and then discuss how Russian-backed Facebook ads were used to target American voters.
(U.S. Edition) After Sunday night's shooting in Las Vegas, emergency responders rushed hundreds to hospitals. On today's show, we'll look at how hospitals prepare for mass trauma. Afterwards, we'll talk about the former Equifax CEO's planned appearance on Capitol Hill, and whether lawmakers will do anything to help prevent huge data breaches in the future. And finally, we'll chat with the University of Chicago's Cathy Cohen about millennial attitudes toward education.
(Global Edition) From the BBC World Service … The Catholic Church has announced the largest ever faith-based divestment from fossil fuels, adding to a global movement that has already seen more than $5 trillion pulled out of investments in oil, coal and gas. We speak to Geoff Davis, the so-called "Green Bishop," in Cape Town, South Africa, about how the church is leading the way on climate change. We’ll also ask what’s next for Rovio, the Finnish company behind the popular Angry Birds game, as it debuts on Helsinki's stock market. Then, to Kiruna in the far north of Sweden. The town is located on top of the world's largest iron ore mine, and officials now face the gargantuan task of relocating two miles east to prevent homes and businesses from sinking into the ground.
(Markets Edition) A gunman opened fire on a music festival in Las Vegas, Nevada, killing at least 50 people and injuring more than 400 others. Reports say as many as 10 weapons were found in the dead suspect's hotel room. Rob Cox, global editor with Reuters' Breakingviews, joined us to discuss what mass shootings like these mean for gun sales. Afterwards, we'll look at the future of net neutrality, and then talk about the Supreme Court's plan to hear arguments about an employee's right to resolve disputes through class-action lawsuits instead of private arbitration.
(U.S. Edition) Spain is in crisis this morning after Catalonia voted for independence. Hundreds of people were hurt after Spanish police used anti-riot tactics to disrupt the vote. We'll hear from the BBC's Gavin Lee, who's in Barcelona right now, about the steps that'll be taken going forward. Afterwards, we'll look at new "reverse mortgage" rules that'll make harder for retirees to take out loans against the equity of their homes. And finally, we'll discuss New York City's decision to invest $155 million a year on lawyers to represent low-income tenants.
(Global Edition) From the BBC World Service ... Catalonia powers more than 20 percent of the Spanish economy and this weekend its citizens voted for independence despite the government branding the poll illegal. We’ll look at the fallout from the vote and the impact on the eurozone’s fourth-largest economy. We’ll also examine what’s been driving up Japanese business confidence ahead of a snap general election where Shinzo Abe is vying to become the longest-serving prime minister in Japanese postwar history. Then, President Trump may boast about his business acumen, but many international students are now flocking to locations outside of the US, such as Nottingham in the U.K., to complete their MBA amid a heated debate surrounding U.S. immigration.